Is Wal-Mart good for the global economy?

Abstract

Wal-Mart is the world largest retailer and one of the largest companies in the world, in terms of revenue. It was founded by Sam Walton in 1962 and currently it is the largest private employer in the United States, Mexico and Canada. From a financial point of view, Wal-Mart is one of the most successful companies ever and like many other successful businesses, Wal-Mart has been targeted by a number of critics. I will answer the question by analyzing the pros and cons that surrounds Wal-Mart.